Bank of Namibia Launches N$60 Banknote to Honor Hage Geingob

The Bank of Namibia has launched a N$60 banknote to commemorate Hage Geingob’s 60 years of service. Expected to circulate in two weeks, the note will be limited in number, serving both as legal tender and a collector’s item.

The Bank of Namibia has unveiled a new N$60 banknote to honor former President Hage Geingob. At the launch, Johannes !Gawaxab, the governor of the Bank of Namibia, emphasized the significance of the number 60, representing Geingob’s dedicated service to the nation over six decades. The new banknote is set to enter circulation in two weeks, accompanied by public awareness initiatives. Upon its release, while classified as legal tender, this note will also serve as a collector’s item, with limited issuance planned.

In summary, the introduction of the N$60 banknote commemorates Hage Geingob’s 60 years of service to Namibia. With its circulation commencing shortly, the note aims to honor the former president while also providing a unique opportunity for collectors. The governor of the Bank of Namibia highlights its dual purpose as legal tender and a collectible item.

Original Source: www.namibian.com.na